Ginger Oil Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Conventional, Organic), By Application (Food and Beverages, Cosmetics, Others), By Distribution Channel (Offline (Supermarkets, Others), Online), And By Geography - Forecasts From 2022 To 2027

  • Published : Dec 2024
  • Report Code : KSI061613940
  • Pages : 156
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The ginger oil market is estimated to grow at a CAGR of 3.02%, attaining US$14.545 billion by 2030, from US$12.535 billion in 2025.

Ginger oil is a concentrated essential oil extracted from the ginger rhizome through a distillation process. It has a warm, strong, and spicy aroma, making it useful for aromatherapy. Ginger oil is known for its warming properties, providing comfort and stimulation to the skin, body, and psyche. It has long been used in Ayurvedic medicine to address emotional issues such as anxiety, depression, low self-confidence, and lack of enthusiasm. The oil offers multiple health benefits primarily due to its medicinal properties. It supports the digestive system and improves skin health. Additionally, ginger oil is found to boost heart health, reduce the risk of various cardiovascular diseases, and enhance human libido.

Investments in research and development related to the extraction process of ginger oil and product development are increasing significantly. The use of ginger oil in anti-wrinkle creams, shampoos, skincare products, and hair care products is steadily rising. Furthermore, ginger oil has proven to be a valuable essential oil in animal feed supplement research.

The increasing production of ginger in the global market is expected to propel the growth of the ginger oil market during the forecast period. Ginger production has grown significantly over the years in countries such as India, Nigeria, and Tanzania. Similarly, the rising demand for essential oils and herbal medicines is anticipated to further boost the growth of the global ginger oil market.

What are the ginger oil market drivers?

Increasing global cases of arthritis.

A major factor propelling the growth of the global ginger oil market is the increasing number of arthritis cases worldwide. Ginger oil offers multiple medicinal benefits and helps reduce the production of hormones and inflammatory prostaglandins that cause pain in arthritis. It contains gingerol, zingerone, and shogaol, which have been found to reduce swelling and inflammation. Multiple research agencies and market leaders have indicated that ginger oil provides beneficial properties for arthritis. For instance, Versus Arthritis reported that about 63% of participants in their study indicated that ginger helps reduce knee pain.

Versus Arthritis also stated that in 2023, approximately 10 million individuals in the UK are suffering from arthritis. The agency reported that the total cases of knee osteoarthritis in England and Wales were recorded at 4,538,461 and 423,470, respectively. Furthermore, the total cases of hip osteoarthritis in England and Scotland were recorded at 2,718,089 and 257,654, respectively.

Similarly, Statistics Canada reported significant growth in arthritis cases among individuals over 12 years old. In 2021, the total recorded cases of arthritis in this age group were 6,087,600, which increased to 6,281,200 in 2022. The agency noted that in 2022, the number of individuals aged 18 to 34 years with arthritis was recorded at 253,200, while cases among individuals aged 35 to 49 years reached 781,400.

Major restraints in the ginger oil market.

Higher production cost of ginger oil

A major factor expected to challenge the growth of the global ginger oil market is the production process itself. The extraction of ginger oil involves slicing, drying, and steam distillation. This process requires precise components and a meticulous manufacturing procedure, making the production of ginger oil both expensive and time-consuming.

Asia Pacific is forecasted to hold a major share of the global ginger oil market.

The Asia Pacific region is expected to witness significant growth in the global ginger oil market during the forecast period. It is the largest producer of ginger in regional markets and therefore holds a substantial share in ginger oil production. India is the top producer of ginger oil and leads the market, accounting for almost half of the total market share. The production of ginger in India has experienced massive growth over the past few years. The Spice Board of India, in its report, stated that during the 2022-23 financial year, the total production of ginger in the nation was recorded at 2,503,325 metric tons, which slightly decreased to 2,431,521 metric tons during the financial year 2022-23. Similarly, the production of herbal and medicinal plants in the region has also seen significant growth over the years. Various countries, including India, have introduced key policies and agencies to promote the application and utilization of medicinal plants.

Ginger Oil Market Products Offered by Key Companies:

New Directions Aromatics is among the leading global producers of natural cosmetics products. The company offers a wide range of oils, cosmetics ingredients, candles, soaps, spas, and ready-to-use products, like household cleaners, personal care, and roll-ons. In the oil category, the company features a wide portfolio of products, which includes herbal oils, fragrance oils, absolute oils, floral waters, and carrier oils. In the global ginger oil market, the company offers Ginger Root Essential Oil and features middle aroma notes.

AOS Products Pvt. Ltd. is among the leading manufacturers of aromatherapy, essential, and carrier oils among other products. The company offers a wide range of products and solutions in the natural ingredient market, which includes menthol & mint oils, essential oils, aromatherapy oils, carrier oils, aloe vera, natural butter, and specialty chemicals among others. In the global ginger oil market, the company offers food-grade, pharma-grade, and cosmetic-grade ginger oil.

Young Living Essential Oils is a global leader in essential oils and natural ingredients. The company offers a wide range of essential oils, personal care, and infused supplements among others. The company offers natural home care, well-being, frequency enhancements, and animal care products among many others. In the global ginger oil market, the company offers ginger essential oil, which features a woodsy and herbaceous aroma.

The Ginger Oil Market is segmented and analyzed as:

By Type

Conventional

Organic

By Application

Food and Beverages

Cosmetics

Others

By Distribution Channel

Offline

Supermarkets

Others

Online

By Geography

North America

United States

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

Spain

United Kingdom

France

Others

Middle East and Africa

UAE

Saudi Arabia

Others

Asia Pacific

China

Japan

India

South Korea

Indonesia

Thailand

 

Others


Frequently Asked Questions (FAQs)

The global ginger oil market is expected to reach a total market size of US$217.005 million by 2027.

Ginger Oil Market was valued at US$113.859 million in 2020.

The ginger oil market is expected to grow at a CAGR of 9.65% during the forecast period.

The global ginger oil market has been segmented by type, application, distribution channel, and geography.

Europe is expected to hold a major share of the ginger oil market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. GLOBAL GINGER OIL MARKET BY TYPE

5.1. Introduction

5.2. Conventional

5.3. Organic

6. GLOBAL GINGER OIL MARKET BY APPLICATIONS

6.1. Introduction

6.2. Food and Beverages

6.3. Cosmetics

6.4. Others

7. GLOBAL GINGER OIL MARKET BY DISTRIBUTION CHANNEL

7.1. Introduction

7.2. Offline

7.2.1. Supermarkets

7.2.2. Others

7.3. Online

8. GLOBAL GINGER OIL MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Type

8.2.2. By Applications

8.2.3. By Distribution Channel

8.2.4. By Country

8.2.4.1. United States

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Type

8.3.2. By Applications

8.3.3. By Distribution Channel

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Type

8.4.2. By Applications

8.4.3. By Distribution Channel

8.4.4. By Country

8.4.4.1. Germany

8.4.4.2. Spain

8.4.4.3. United Kingdom

8.4.4.4. France

8.4.4.5. Others

8.5. Middle East and Africa

8.5.1. By Type

8.5.2. By Applications

8.5.3. By Distribution Channel

8.5.4. By Country

8.5.4.1. UAE

8.5.4.2. Saudi Arabia

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Type

8.6.2. By Applications

8.6.3. By Distribution Channel

8.6.4. By Country

8.6.4.1. China

8.6.4.2. Japan

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Indonesia

8.6.4.6. Thailand

8.6.4.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. AOS Products Private Limited

10.2. New Directions Aromatics

10.3. Sydney Essential Oil

10.4. Edens Gardens

10.5. Kanta Enterprises Pvt. Ltd.

10.6. Young Living Essential Oils

10.7. Rocky Mountain Oils

10.8. Manohar Botanical Extracts Pvt. Ltd.

10.9. Lebermuth

10.10. Shiva Exports India

10.11. Ultra International B.V.

10.12. Star Export House

10.13. India Aroma Oils And Company

10.14. Ozone Natural

10.15. Botanic Healthcare

AOS Products Private Limited

New Directions Aromatics

Sydney Essential Oil

Edens Gardens

Kanta Enterprises Pvt. Ltd.

Young Living Essential Oils

Rocky Mountain Oils

Manohar Botanical Extracts Pvt. Ltd.

Lebermuth

Shiva Exports India

Ultra International B.V.

Star Export House

India Aroma Oils And Company

Ozone Natural

Botanic Healthcare